HOW TO FIX RECONCILE DISCREPANCIES IN QUICKBOOKS DESKTOP?

Published Categorized as QuickBooks

There are two reasons which can cause reconciliation discrepancies:

  • Previously reconciled transactions have been deleted, added, or changed
  • Reconciliation adjustments (Journal entries, etc.)

QuickBooks Support helps you to get back the reconciled transactions which have been deleted or changed Deleted transactions affect the opening balance. Several reports in QuickBooks Desktop can help you to identify discrepancies and fix transactions. Reconciliation Discrepancy Report will show the transactions sorted by statement date that was changed since the last reconciliation. So follow the below-provided steps:

  • Select Banking from the reports menu, click on Reconciliation Discrepancy.
  • Select the appropriate menu and hit the OK button.
  • To identify any discrepancies review the report.
To verify missing transaction check missing checks report:

  • Click on Banking from the menu of Reports, and then select Missing Checks.
  • Select the account and click OK.
  • Review the reports for transactions that are not matching your bank statement.

Verify the changed or modified transaction in Transaction Detail Report:

  • Go to Customer Reports from the Reports menu and select Transaction Details.
  • Now choose “Date from” and “Date to” under the Display tab.
  • Provide the following info under Filters tab:
    1. Account = the account being reconciled
    2. Entered/Last Modified
    3. Date From = Date of the last reconcile
    4. Date To = Today
  • Hit the OK button to run the report.
​If you come across any problem or query while following the above steps you can get help from our services. The team of well-trained technicians and highly experienced engineers will assist you with the best possible and most informative solutions. The professionals are skilled in resolving any issue using the latest technology. Contact QuickBooks Helpline Number UK and get your issues fixed by the experts who always guide you with ease and comfort. So what are you waiting for? You are just a call @ 0800-098-8674 away to take the benefits of the services provided exclusively for resolving your queries.
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